August 6, 2010

Interlocken vacancy rate at ‘6 or 7 percent’

BROOMFIELD — While a sharp chill froze some Colorado real estate markets this summer, deals heated up for the Interlocken Advanced Technology Environment. The office park in Broomfield saw a significant drop in vacancies over the past several months that has commercial agents, developers and city planners excited about future prospects.

“It’s been interesting,” said Garrett Baum, a Colorado developer and managing partner of Urban Frontier LLC. “About eight months ago, it seemed like activity was picking up. We waited to see if that was really happening, and in the last five or six months, there are deals getting done and…

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